Mr. Chanos, founder of hedge fund Kynikos Associates, said in July that he was shorting the world’s biggest maker of construction and mining equipment. Even after Caterpillar shares rallied 5.9% Monday following the company’s quarterly results, Mr. Chanos said he’s still betting against the stock. Read More »

James Chanos, the short seller who runs hedge fund Kynikos Associates, laid out a bearish thesis against storage company Seagate Technology Inc.

It was unclear whether Mr. Chanos was actually shorting the stock, but he disclosed what he called the “best screens for shorts” are wholseale insider sales as well as executive departures, both of which are raising red flags at Seagate. Read More »